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    Thread: Greed vs loss (30)

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      Default Greed vs loss (30)

      I think greed is not bad and without this greed one never engage himself in risky business, whatever all business are more or less risky. But excessive greed is bad and become the main reason of loss. So, try to control the extra part of that greed and be success in Forex trading.

      Original Thread : here
      Quote Originally Posted by biouscope View Post
      hello traders, as a newbie i wnat to share the effect of greed in forex trading. my earlier time in forex i gave les losses than now bcz ibecome ore greedy and want more from 1 individual trade and finally giving losses. what is ur experience about greed, how do u control this. pls share ur idea to help newbies.
      Previous Thread : here
      Last edited by deathstar; 06-30-2017 at 06:50 PM.

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      Greed is the best problem of Forex trading business and loss cause is only greed and emotion. If we have no greed so we get more profit or we have greed so get more loss. So no greed and emotion to Forex trading and any business.

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      more like greed and loss not vs, because greed is the cause of loss and they are not enemies. they are more like friends they follow each other. once a trader brings greed to his account, losses says I want in.

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      Nothing loose me more as the greed by it i lost more and nothing can help me because all my capital i lost only the reg-ration and the frustration with me now but with mt5 i can make again money an start again but i will trying to avoid the greed it is harmful

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      we have said it here times without number, if you are a greedy trader you are prone to stupid loses, if you refuse to be a greedy trader you will make more money that that greedy trader because sometimes you will be contented to take little profits that the forex market is ready to give to you and move on but greedy trader will be waiting for more and the little one he has made will vanish.

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      Dear friend greed is not the only reason for our loss as Forex is a very big business so here lot of factors decide our trade result.Greed is the most harmful emotion which can cause big and instant loss,its very hard to recover the loss caused by greed.We can't afford to make mistakes in Forex so we must trade with lot of caution.

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      both of them are very terrible for me, interrelated in trade and danger to the user. greedy will result in a loss, and it is unfortunate. a solution for that we must set a mental order not greedy . and cope with the loss solutions stop loss. sometimes the number of lots also affects our psychology can also cause harm. with ever suffered a loss should get knowledge in order not to be greedy so as not to loss.

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      Yes i think greed means loss in Forex because greed dangerous bad, harmful and best enemy for trader in Forex business and it is true with greed Forex success and Forex earning very hard. I believe greed can kill our investment. So everybody should avoid greediness and be patience on trading for success.

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      Loss is a part of business on the other hand greed is an enemy of our account. We should avoid greed in trading. I am losing since the beginning. When I will be able to control my greed I will be able to make money also. Just learning how to control greed.

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      If you are trading in Gold than you must have to prepare your self for the loss and this loss will not be a small one.I think it is better for a trader to take the small chances and do not trade in Gold and try to trade in Currency pairs specially in the EUR/USD and GBP/USD.Good Luck

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